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Laxatives Market Future Prospects Details for Industry Forecast to 2026

According to the latest report published by Credence Research, Inc. “Laxatives Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global laxatives market was valued at US$ 5,274.6 Mn in 2017, and is expected to reach US$ 8,734.2 Mn by 2026, expanding at a CAGR of 5.8% from 2018 to 2026.

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Market Insights

The global laxatives market is projected to increase with a stable CAGR in the forecast period and the market is estimated to reach US$ 8,734.2 Mn by 2026. Rising prevalence of constipation globally, increased adoption of laxatives in the low economic countries, and growing awareness of the general population regarding gastrointestinal diseases are the factors contributing to the surge of the global laxatives market.

On the basis of drug type, the global laxatives market is segmented into docusate, psyllium, senna, bisacodyl, methylcellulose, polyethylene glycol 3350, and others. Each mentioned drug class has distinct mechanism for the treatment of constipation. Some of the aforementioned drugs act as bulk-forming agents while others act as stool softener or stimulating agents. In terms of market size, psyllium drug segment leads the global laxatives market for the year 2017.

On the basis of geographical demarcation, in 2017, North America dominated the global laxatives market due to increasing awareness of the general population regarding the gastrointestinal diseases. Demand from emerging economies of Middle East and Africa, and Asia Pacific is expected to be above the global benchmark during the forecast period. However, widespread acceptance of laxative drugs will still be challenged in these regions due to prevalent preference to home and traditional remedies. Key players in the global laxatives market include Boehringer Ingelheim Pharmaceuticals, Inc., Bayer AG, GlaxoSmithKline Plc, Braintree Laboratories, Inc., Purdue Pharma L.P., Procter & Gamble Company, and Sucampo Pharmaceuticals, Inc.

Despite the diversity of the available laxatives, there is an ongoing search for novel laxatives that will mitigate the dissatisfaction in a large group of patients. The development of newer compounds in this category is ongoing with some promising pipeline products in the IBS-C and OIC treatments. Analyzing the future pipeline of this market, BLI801, AJG555, Elobixibat, and Tenapanor are considered as the potential compounds for constipation treatment and the sales of mentioned drugs are estimated till 2026.

Based on the drug types, global laxatives market is segmented as follows:

  • Psyllium
  • Docusate
  • Bisacodyl
  • Senna
  • Polyethylene Glycol 3350
  • Methylcellulose
  • Others

Laxatives Market     Constipation can be treated with home remedies such as adding fiber to the diet, regular exercise and by increasing the intake of fluids. Home remedies are effective in treatment of mild cases of constipation. However, laxatives are the drugs that are utilized to treat severe as well as mild cases of constipation. These laxatives have different mechanisms to cure constipation and have distinct variation from one drug to other. Drug classes including psyllium and methylcellulose act by increasing the bulk in the stool, creating an outcome that causes the movement of intestines. Hence, these drug classes are also known as bulk-forming laxatives. Furthermore, a few drugs work by cumulating the volume of water in the stool, creating the stool laxer and easier to pass. Drug compounds such as senna and bisacodyl are known as stimulant laxatives. Stimulant laxatives work by inducing a bowel movement by acting to speed up colonic muscle movement.

Increasing awareness and adoption of laxatives in the market, and approval of pipeline products are the factors responsible for the market growth. The global laxatives market is emerging at considerable pace because of high prevalence of constipation and more research and development activities involved.

Geographically, the global laxatives market is cumulative to Latin America, Asia Pacific, North America, Middle East and Africa and Europe. Laxatives Market

For geographical analysis, the global laxatives market is categorized into five major regional markets, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among these regions, North America dominated the market in the year 2017. Strong existence of all the major Rx and OTC laxative drugs, higher consciousness about constipation and its rapid treatment are the main factors contributing to the prominent position of not only laxatives but the overall digestive remedies drugs market in North America. On regional assessment, most of the market opportunities are possessed by Asia Pacific. Asia Pacific is anticipated to surge at a faster pace due to factors such as rising prevalence of constipation, and increasing healthcare investment in the region.

The thorough geographical categorization of the global laxatives market is as follows:

  • North America (U.S. & Canada)
  • Asia Pacific (Japan, China, and Rest of Asia Pacific)
  • Europe (Germany, U.K., and Rest of Europe)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)…

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